Apple To Invest In Three Chinese Wind Farms With Its “China Clean Energy Funds” Apple today announced that its three Chinese wind farms in Hunan and Hubei Province, part of its “China Clean Energy Funds”, have been put into operation with a total installed capacity of 134 megawatts.
In July last year, Apple joined 10 suppliers to set up its first China Clean Energy Funds in China. The 10 suppliers include Catcher Technology, Compal Electronics, Corning Incorporated, Golden Arrow, Jabil, Luxshare-ICT, Pegatron, Solway, Sunway Communication, and Wistron.
In the next four years, Apple will invest nearly $300 million with the 10 suppliers to invest and develop more than 1 GW of renewable energy in China, equivalent to nearly 1 million households.
Among them, two wind farms were developed by Concord New Energy Group Limited. Each wind farm can produce 48 MW of clean energy (installed capacity). Another wind farm was developed by Fenghua Energy Investment Group Co., Ltd. to generate 38 megawatts of clean energy.
Apple also said that 44 suppliers in 16 countries have promised to use 100% clean energy to power Apple’s production. By 2020, Apple and its suppliers will produce more than 4 gigawatts of clean energy worldwide.